550992 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Yarn of other synth staple fibres + cotton not retail. In 2023, Yarn of other synth staple fibres + cotton not retail were the world's 3970th most traded product, with a total trade of $120M. Between 2022 and 2023 the exports of Yarn of other synth staple fibres + cotton not retail decreased by -54.2%, from $262M to $120M. Trade in Yarn of other synth staple fibres + cotton not retail represent 0.00053% of total world trade.

Yarn of other synth staple fibres + cotton not retail are a part of Non-Retail Synthetic Staple Fibers Yarn.

Exports In 2023 the top exporters of Yarn of other synth staple fibres + cotton not retail  were United States ($56.8M), Thailand ($41M), China ($6.53M), Slovenia ($2.8M), and Turkey ($2.02M).

Imports In 2023 the top importers of Yarn of other synth staple fibres + cotton not retail were Honduras ($52.2M), Peru ($10.2M), Colombia ($9.77M), Ecuador ($9.29M), and Dominican Republic ($3.42M).

Ranking Yarn of other synth staple fibres + cotton not retail ranks 3511th in the Product Complexity Index (PCI).

Description The common use of yarns of other synth staple fibres is for industrial purposes, while cotton is mainly used for retail purposes.

Latest Data

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The following visualization shows the latest trends on Yarn of other synth staple fibres + cotton not retail. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$56.8M
Top Destination (2023)Honduras$52.2M

In 2023 Yarn of other synth staple fibres + cotton not retail were the world's 3970th most traded product (out of 4,644).

In 2023, the top exporters of Yarn of other synth staple fibres + cotton not retail were United States ($56.8M), Thailand ($41M), China ($6.53M), Slovenia ($2.8M), and Turkey ($2.02M).

In 2023, the top importers of Yarn of other synth staple fibres + cotton not retail were Honduras ($52.2M), Peru ($10.2M), Colombia ($9.77M), Ecuador ($9.29M), and Dominican Republic ($3.42M).

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Exporters of Yarn of other synth staple fibres + cotton not retail (2023)
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Importers of Yarn of other synth staple fibres + cotton not retail (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Morocco$1.75M
Top Destination Growth (2022 -  2023)Belgium$1.84M

Between 2022 and 2023, the exports of Yarn of other synth staple fibres + cotton not retail grew the fastest in Morocco ($1.75M), France ($958k), Costa Rica ($666k), Turkey ($352k), and El Salvador ($234k).

Between 2022 and 2023, the fastest growing importers of Yarn of other synth staple fibres + cotton not retail were Belgium ($1.84M), Peru ($1.22M), Vietnam ($733k), Indonesia ($722k), and Philippines ($719k).

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Exporters of Yarn of other synth staple fibres + cotton not retail (2022 - 2023)

Importers of Yarn of other synth staple fibres + cotton not retail (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of other synth staple fibres + cotton not retail.

In 2023, market concentration measured using Shannon Entropy, was 2.16. This means that most of the exports of Yarn of other synth staple fibres + cotton not retail are explained by 4 countries.

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Value of Exports in Yarn of other synth staple fibres + cotton not retail

Net Trade

TOP NET EXPORTER (2023)United States$56.5M
TOP NET IMPORTER (2023)Peru$10.2M

This map shows which countries export or import more of Yarn of other synth staple fibres + cotton not retail. Each country is colored based on the difference in exports and imports of Yarn of other synth staple fibres + cotton not retail during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of other synth staple fibres + cotton not retail were United States ($56.5M), Thailand ($40.3M), China ($5.95M), Slovenia ($2.37M), and Turkey ($1.97M).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of other synth staple fibres + cotton not retail were Peru ($10.2M), Malaysia ($3.32M), Spain ($2.94M), Belgium ($2.91M), and Croatia ($2.21M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Yarn of other synth staple fibres + cotton not retail.
It is possible to select the main countries that export or import Yarn of other synth staple fibres + cotton not retail in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of other synth staple fibres + cotton not retail by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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